Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 11.51 to 14.3 . . 12.265 (72.94%)
Intermediate 14.2855 to 12.57 . 13.304 (42.79%) .
Short 12.57 to 13.304 . . 12.265 (141.55%)